
Back in ancient times, the moon was the center of everybody’s attention. People worshipped the moon and believed that it had mystical powers. Since then, the lunar effect on human mood and behavior has been an issue for psychological and astrological research. Surprisingly, many economic papers are also concerned about the influence of the lunar phases on stock returns.

On October 20th, representatives of APRC presented the final results of its study on Livestock Farm-Enterprise Models in the Kakheti Region. The presentation was the final part of a study that started in June 2016, the goal of which was to show successful models with the potential to be replicated and to contribute to market-oriented production of cattle and pigs in the region.

Vocational education and training (VET) reform has been at the top of the reform agenda in Georgia for several months. The government authorities perceive reforming VET as a solution to a range of interconnected challenges the country faces, such as labor market mismatches, the “over-education” trap, high unemployment, as well as poverty rates.

MOLI stands for “Market Opportunities for Livelihood Improvement” in Kakheti. The project started in autumn 2012 and initially focused on milk and meat producers in the eastern part of the Kakheti region. It now operates in all eight municipalities of the region. In the second phase of the project, MOLI aims to reduce poverty in the Kakheti region while facilitating improved access to milk, beef and pork markets, and easing farmers’ access to inputs and services.

In August 2016, the average cost of cooking one standard Imeretian khachapuri increased to 3.15 GEL, which is 4.8 % higher month-on-month (m/m, that is compared to July 2016), but 9.6% lower year-on-year (y/y, compared to August 2015).